2 Bed Flat, Refurb/BRRR, Glasgow, G14 9BD, £144,995

52 Northland Drive, Flat 1/1, Glasgow, G14 9BD - a month ago

Sold STC
Refurb/BRRR
ROI: 5%
~68 m²
+18 photos

ValuationOvervalued

Sold Prices£86K - £245K

 

 

Square Metres

~68.11 m²

Value Estimate

£125,575

 

 

End Value (After Refurb)

£137,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£36,249

Stamp Duty & Legal Fees

£8,850

Refurb Costs

£26,658

Bridging Loan Interest

£3,806

Total Cash In

£77,313

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£137,500

Mortgage (After Refinance)

£103,125

Mortgage LTV

75%

Cash Left In

£77,313

Equity

£34,375

Rent Range

£675 - £1,200

Rent Estimate

£934

Running Costs/mo

£636

Cashflow/mo

£298

Cashflow/yr

£3,570

ROI

5%

Gross Yield

8%

Local Sold Prices

43 sold prices from £86K to £245K, average is £116.5K.

PriceDateDistanceAddressBeds 
£123.5K04/210.21 mi41, Harefield Drive, Glasgow G14 9AP2
£144K12/210.25 mi41, Stronvar Drive, Glasgow G14 9AN2
£95K02/210.29 mi114, Harefield Drive, Glasgow, Gla G14 9AJ2
£113K09/210.29 mi21, Stronvar Drive, Glasgow G14 9AR2
£86K09/210.36 mi147, 1/1, Earl Street, Glasgow G14 0DE2
£100K04/210.42 mi28, Kirkton Avenue, Glasgow G13 3AA2
£165.5K06/210.42 mi15, Lennox Gardens, Glasgow G14 9ER2
£100K08/210.46 mi6, Henrietta Street, Glasgow G14 0BD2
£161.8K08/210.49 mi121, 2/1, Helensburgh Drive, Glasgow, Gla G13 1XN2
£128K07/210.52 mi11, Baldric Road, Glasgow G13 3QJ2
£90.5K08/210.55 mi5, Riversdale Lane, Glasgow G14 0XF2
£101K10/210.56 mi129, Kestrel Road, Glasgow G13 3RB2
£135.1K08/210.57 mi5, Pennan Place, Glasgow G14 0EA2
£115K08/210.57 mi7, Pennan Place, Glasgow G14 0EA2
£143K07/210.58 mi134, Kestrel Road, Glasgow G13 3RA2
£114K03/210.58 mi98, Kestrel Road, Glasgow G13 3RA2
£110K07/210.6 mi62, Dykebar Avenue, Glasgow G13 3HF2
£123.5K05/210.64 mi44, Polnoon Avenue, Glasgow G13 3HB2
£150K06/210.65 mi90, Boreland Drive, Glasgow G13 3DX2
£120K07/210.67 mi89, Boreland Drive, Glasgow G13 3DY2
£115K08/210.68 mi60, Athelstane Road, Glasgow G13 3NU2
£112K05/210.74 mi79, Kinellar Drive, Glasgow G14 0EU2
£245K11/210.74 mi3 2/1, Craigend Court, Glasgow G13 2US2
£121.8K04/210.74 mi56, Knightsbridge Street, Glasgow, Gla G13 2YN2
£115K06/210.74 mi46, Knightsbridge Street, Glasgow G13 2YN2
£125.6K08/210.75 mi33, Saxon Road, Glasgow G13 2YQ2
£110K08/210.75 mi36, Knightsbridge Street, Glasgow G13 2YN2
£125K12/210.79 mi19, Kirkton Crescent, Glasgow, Gla G13 3AQ2
£100K02/210.8 mi177, Boreland Drive, Glasgow G13 3TP2
£196K01/210.83 mi20, 21 Strathmore Court, Abbey Drive, Glasgow, Gla G14 9JX2
£105K05/210.84 mi9, Locksley Avenue, Glasgow G13 3ND2
£148K11/210.85 mi118, Holehouse Drive, Glasgow G13 3TF2
£180K10/210.86 mi5 3f/1, Randolph Gate, Glasgow G11 7DH2
£100K03/210.86 mi41, Bankhead Avenue, Glasgow G13 3TB2
£116.5K05/210.87 mi57, Priory Road, Glasgow G13 2SR2
£117K09/210.88 mi15, Fereneze Crescent, Glasgow G13 3SY2
£121K06/210.95 mi24, Bonyton Avenue, Glasgow G13 4AH2
£104K04/210.95 mi26, Cedric Road, Glasgow G13 2EF2
£193.2K06/210.95 mi3, Mitre Gate, Glasgow, Gla G11 7EN2
£115K12/210.95 mi15, Shilford Avenue, Glasgow G13 3UA2
£101K04/210.95 mi17, Shilford Avenue, Glasgow G13 3UA2
£105K10/210.98 mi50, Brownside Drive, Glasgow, Gla G13 4BN2
£200K02/211 mi95, 2/2, Whittingehame Drive, Glasgow G12 0YH2

Local Rents

50 rents from £675/mo to £1.2K/mo, average is £908/mo.

RentDateDistanceAddressBeds 
£98004/240.04 miNorthland Drive, Jordanhill, Glasgow, G142
£1,15004/240.05 mi-2
£1,08312/240.05 mi-2
£97501/250.08 mi-2
£88512/240.17 mi-2
£89503/240.18 mi-2
£89504/240.2 miHarefield Drive, Scotstoun, Glasgow, G142
£89504/240.21 mi41, Harefield Drive, Glasgow, G14 9AP2
£88512/240.22 mi-2
£89505/240.25 miStronvar Drive, Scotstoun, Glasgow, G14 9AN2
£89504/240.29 miStronvar Drive, Scotstoun, Glasgow, G14 9AR2
£92505/240.31 miDumbarton Road, Glasgow, Glasgow City, G142
£1,10012/230.32 mi-2
£1,10001/250.32 mi-2
£89903/250.32 mi-2
£1,10004/240.32 miDumbarton Road, Scotstoun2
£85004/240.32 mi1636 Dumbarton Road, Glasgow, G14 9YF2
£1,20004/240.32 miSouthbrae Gardens, Glasgow2
£90005/240.32 mi-2
£90004/240.32 miDumbarton Road, Glasgow, G142
£97504/240.32 mi-2
£97504/240.32 miHarefield Drive, Glasgow, G142
£87506/240.32 mi-2
£87505/240.32 miDumbarton Road, Glasgow, G142
£99503/240.33 mi-2
£89904/250.36 mi-2
£82503/250.36 mi-2
£99912/230.36 mi-2
£82502/250.36 mi-2
£1,00002/250.4 mi-2
£95004/240.41 miEarl Street, Scotstoun2
£89504/240.41 miEarl Street, Scotstoun2
£84504/240.41 miEarl Street, Scotstoun2
£84505/240.41 miEarl Street, Scotstoun, West End2
£89504/240.42 miEarl Street, Glasgow2
£99504/240.42 miDumbarton Road, Glasgow, G142
£75004/240.42 miDumbarton Road, Glasgow2
£67504/240.42 miDumbarton Road, Glasgow2
£1,20012/230.44 mi-2
£92503/240.44 mi-2
£95801/250.46 mi-2
£99505/240.47 miEarl Street, Glasgow2
£95005/240.48 miPriorwood Court, Anniesland2
£72502/240.49 mi-2
£99503/240.49 mi-2
£99504/240.49 miWilmot Road, Glasgow, G132
£85011/230.5 mi-2
£91504/250.5 mi-2
£69504/240.5 miHarland Cottages Right Flat, Glasgow2
£97502/250.5 mi-2

Local Area Statistics

 

 

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

+34%

Property History

Listed for £144,995

March 2, 2025

Floor Plans

Description

  • Splendid TWO bedroom first floor flat within a well-maintained building +
  • List One catchment area for the highly sought after Jordanhill School +
  • Neutrally decorated throughout, providing a blank canvas for modernisation +
  • Spacious lounge which leads to a wonderful, south facing balcony +
  • Kitchen with an array of units and plentiful workspace, ideal for meal preparation +
  • TWO well-proportioned bedrooms, both with fitted storage +
  • Large storage cellar adjacent to front door, flexible for a variety of uses +
  • Secure door entry providing secure access to authorised visitors +
  • Communal lawn garden to the rear of the building +
  • Within walking distance of a host of amenities and transport links +

Elevate Property Services are delighted to present this splendid TWO bedroom first floor flat to market. Situated within the highly sought after LIST ONE catchment area for the prestigious Jordanhill school, this property is sure to appeal to a variety of purchasers.

Property Information - Welcome to No. 52 Northland Drive, Flat 1/1, situated within the popular Scotstounhill area. This property has been neutrally decorated throughout, creating the perfect blank canvas for modernisation.

Entrance is from the front of the building via a secured door entry system providing access to authorised visitors. Ample parking is available to the side and rear of the building. Convenient communal gardens are available to the rear which are mainly lawn.

This property is located on the first floor of the building with a solid wood door leading into the bright reception hallway which offers excellent storage and provides access to all rooms. The bright and airy lounge boasts impressive dimensions and leads to a south-facing balcony, this is a splendid space for relaxation and enjoying nice weather. The kitchen has an array of units and plentiful workspace, ideal for meal preparation. Ample space is also available for a free-standing cooker, washing machine and fridge-freezer.

The TWO bedrooms within this apartment are generous in size and both benefit from good storage facilities. Completing this property is a fully tiled shower room, comprising of a walk-in shower cubicle with electric shower, wash hand basin and W.C. The property also boasts a large storage cellar located just to the side of the front door. An electric heating system and double glazing are available throughout.

Ideally situated within a short distance of Victoria Park and within List One catchment area for Jordanhill School which has been ranked number one in Scotland’s league tables over the last number of years, this property is sure to be particularly popular with families. A host of other local amenities and attractions are within walking distance, such as local coffee shops, restaurants, shopping and the popular Scotstoun Sports Campus. The Queen Elizabeth University Hospital is a short drive away, making this a good location for staff based at the hospital. Excellent transport links are also readily available for travel further afield.

We would highly recommend an early viewing before it’s too late! Viewing by appointment - please contact Elevate Property Services to arrange a suitable time or request further information and a copy of the Home Report.

Any areas, measurements or distances quoted are approximate and floor plans are only for illustration purposes and are not to scale. Thank you.

THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.

Room Dimensions - Lounge - 4.84m x 3.71m
Kitchen - 3.84m x 2.11m
Bedroom One - 3.89m x 3.73m
Bedroom Two - 3.73m x 2.80m
Bathroom - 2.80m x 1.48m

Agent Details

Elevate Property Services, Clydebank

01389 318560

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪